Glencore plc (LON:GLEN)
London · Delayed Price · Currency is GBP · Price in GBX 596.80
+12.30 (2.10%)
Aug 21, 2026, 4:58 PM GMT
Glencore Stock Forecast
Stock Price Forecast
According to 20 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 621p. The average 1-year stock price forecast is 3.98% higher than the current stock price, while the lowest is 476p (-20.18%) and the highest is 774p (+29.76%).
Price Target: 621p (+3.98%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 10 | 10 | 9 | 11 | 11 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 6 | 5 | 5 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 19 | 19 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Buy Maintains 770p → 780p | Buy | Maintains | 770p → 780p | +30.70% | Aug 12, 2026 |
| Barclays | Barclays | Buy Maintains 635p → 650p | Buy | Maintains | 635p → 650p | +8.91% | Aug 10, 2026 |
Unknown Analyst Berenberg Bank No rating | Berenberg Bank | Buy Maintains 750p → 740p | Buy | Maintains | 750p → 740p | +23.99% | Aug 7, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Reiterates 630p | Buy | Reiterates | 630p | +5.56% | Aug 6, 2026 |
| UBS | UBS | Hold Maintains 570p | Hold | Maintains | 570p | -4.49% | Aug 6, 2026 |
Financial Forecast
Revenue This Year
324.43B
from 247.54B
Increased by 31.06%
Revenue Next Year
282.97B
from 324.43B
Decreased by -12.78%
EPS This Year
0.59
from 0.20
Increased by 196.25%
EPS Next Year
0.59
from 0.59
Decreased by -0.65%
EPS and Forward PE are based on non-GAAP adjusted numbers.